Tagged With "TCV"

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Managed services deals tipped to increase in 2024

Art Post · 4/23/249:55 PM

Managed services deals tipped to increase in 2024 reported on IT-Online Managed Services Deals in 2023 : According to IDC Services Contract Database: About 1,800 managed services deals were signed. Total value exceeded $100 billion. Deal Trends : Decline in the total number of deals compared to 2022. Average deal size remained consistent. Increase in large deals (TCV > $100 million) in 2023. IT Spending and Focus : IT spending by organizations is on the rise. Larger investments in cloud...

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Managed services deals tipped to increase in 2024

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